IronFX is a well-known financial services company and forex broker that offers a fast-trading service with instant access to a variety of markets.
The broker is committed to providing top-notch trading services and features while also keeping up with the fast-paced, ever-changing trading environment.
With IronFX, you may make smart and skilled trades. With an extensive choice of educational martial arts and several analytical tools, you may learn as you trade the market. In just a few days, you can go from beginner to expert. Easily adapt to changing market conditions. Accelerate your trade and transform it into a solid victory with over 350 assets and an active community of masterful and successful traders.
Is IronFX Safe or Scam?
A broker must be regulated by at least one top-tier regulatory authority in order to be very safe for trading. IronFX was founded in Limassol, Cyprus in December 2010 after obtaining authorization by the CySEC. In 2013, IronFX opened an office in Australia and became regulated by the ASIC, while it also received authorization of the FCA in the UK.
The broker is also a member of the Investor Compensation Fund (ICF), a non-profit organisation dedicated to safeguarding clients from deception and fraud.
The broker is primarily responsible for ensuring that the client’s capital and funds are well-protected. Firewalls and SSL software protect the trader’s data and transactions. This broker was never involved to any IronFX scam operations.
How many types of trading accounts?
The broker provides 3 highly configurable accounts, standard, premium, and VIP, that cater to traders dealing at various levels and are unmovable and highly responsive CFD trading that adjusts to the dynamic trading markets.
Traders can practise their trades, abilities, and strategies on IronFX’s free demo account before going live in the market. A demo account is extremely advantageous for new and inexperienced traders since it provides insights from their errors without risking any money.
IronFX calculates reasonable maximum leverage of 1:500. The following table shows the expected leverage that brokers offer on various trading products and account types.
Different asset classes
The broker facilitates trade in a wide range of instruments, allowing traders to interact with worldwide markets. One can trade a wide range of asset classes with IronFX, such as Forex, stocks, indices, cryptocurrencies, and commodities.
Forex currency pairs: You can trade all currency pairs, including majors, minors, and exotic.
Stocks: Get your hands on stocks of mega-companies and tech giants like Twitter, Tesla, McDonald’s, JP Morgan, and more.
Indices: Diverse your investment portfolio through major indices like Dow Jones, FTSE 100, and more.
Cryptocurrencies: IronFX offers CFDs on all major cryptocurrencies like Bitcoin, Ethereum, Polygon, and more.
Commodities: Invest in a wide range of commodities, both hard and soft, including natural oil, copper, precious metals, livestock, and agricultural products.
Trading platforms
IronFX provides MT4 trading through its WebTrader and mobile applications, which are both effective and efficient. The platforms are extremely user-friendly and have well-defined functions. The broker also offers best in class mobile trading platform or app for each level of the trader to efficiently trade from anywhere, anytime.
MetaTrader 4 and Webtrader have various smart features like instant market notifications, real-time balance levels, price alerts, multilingual support, and more.
Account Opening process
The broker offers a simple three-step account registration process.
You must create an account by providing information such as your name, email address, and password. Fill up the blanks with information about yourself and your profession.
A questionnaire about your trade must be completed. Brokers will be able to better grasp your trading aims and style as a result of this.
The cash will be deposited after your account has been verified.
Commission and fees
IronFX provides clients with low-cost trading services. There are no fees for depositing and withdrawing funds because the broker is a commission-free service provider.
There are no fees charged by the broker for either deposits or withdrawals. The broker accepts a variety of deposit and withdrawal options, including MasterCard, Visa, credit/debit cards, and cryptocurrency wallets.
Spreads are the main source of income for the broker. The spread is the difference between the bid and ask prices. Overnight fees, inactivity fees, and trade fees are among the other fees.
Bottom Line
IronFX is a new broker that works hand in hand with cutting-edge trading technology. The broker’s trading service includes some of the most cutting-edge and beneficial features. The ASIC regulates IronFX, ensuring that commerce and capital are kept safe. Furthermore, as compared to the broker’s top-notch services, the trading fees are quite low.
We strongly advise you to trade with IronFX, since it is currently one of the best forex trading brokers on the market.